For many homeowners, there always seems to be a long list of home improvement to-do’s that they would like to get done or new ideas they’d like to try. While several may not be required, furnace replacement is an example of a task that could be vital to keeping your home comfortable during the cooler months in Alice.

Buying a new furnace is a great investment. You’ll certainly realize the return-on-investment on your indoor comfort in addition to your energy bills, but it could be a little daunting at first. The good news is that when you purchase a new energy-efficient furnace, you may be eligible for a federal tax credit.

According to ENERGY STAR®, the Non-Business Energy Property Tax Credits were prolonged through December 31, 2020. In order to receive the tax credit, you are required to purchase a furnace that has earned the ENERGY STAR label. Keep in mind it can’t be a furnace that is labeled ENERGY STAR for “U.S. South Only.” When looking for furnace replacements, keep an eye out for solutions with the ENERGY STAR rating so you can be sure you’re choosing a high-efficiency furnace.

At Rescue Heating & Air, we’ll help you identify an option that meets your needs and helps you qualify for this tax credit. While ENERGY STAR products designate high efficiency, it’s important to clarify that the furnace you choose has an Annual Fuel Utilization Efficiency (AFUE) greater than 95, in order to qualify for the tax credit. AFUE indicates the percent of heat produced for every dollar of fuel consumed.

Qualifying for the tax credit is not going to be the only savings you’ll receive when you purchase a new high-efficiency furnace. A lot of the most efficient models can save you hundreds of dollars on your energy bills throughout the year. And your household will also have higher confidence in your HVAC system to maintain your indoor space at just the right temp.

If you come across questions concerning your eligibility for a tax credit, or if there are further local savings you could be eligible for by installing a new high-efficiency furnace, give our professionals at Rescue Heating & Air a call at 361-265-4371. You may also visit ENERGY STAR or contact your local utility organization if you have questions about other eligible home products.